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Is it possible to get I will be attending two
community colleges. Both have
requested documents from me so
I am planning to submit the
documents for both schools.
Does this mean I can get
financial aid from both?
So should I not bother
submitting the documents for
the second school?
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you can, but you cant get fin aid from both. Also be aware that you won't get as much fin aid as you are entitled to if you attend two schools. Most schools won't honor another schools enrollment... meaning.. if you attend 6 hours at one community college and 6 hours at another community college you ARE attending school full time and normally would get the full fin aid awards.. but since half of them are at another school you will only be awarded fin aid for your hours there.. and most wont even do loans unless you are at least half time anyway. Hope it helps. |
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How much financial aid can i I want to transfer to
Northwestern University or
University of Chicago in
Illinois. I am currently a
sophmore at a 2year college
and my gpa is 3.88. I would
like to go to these schools
but I do not know if I would
even be accepted and if I do,
thers no way I can pay for it
without a lot of financial
aid.
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The first thing that you want to do to is fill out your fafsa application. The only thing that you count on being different is your pell grant. That is only because it's based on your EFC (estimated family contribution), which is a calculation that is based of family income, family household, Cost of Attendance, and etc. But I can tell you what is constant. Independent students: Freshman $3500 Subsidized $6000 Unsubsidized Sophomores: $4500 Subsidized $6000 Unsubsidized Juniors and Seniors: $5500 Subsidized $7000 Unsubsized dependent students: Freshman: $3500 Subsidized $2000 unsubsized Sophomores: $4500 Subsidized $2000 unsubsized Juniors and Seniors: $5500 Subsidized $2000 unsubsized And of course dependent v. Independent just depends on whether or not your over the age of 24. You might want to contact the Scholarship office and apply for scholarships that they might have available. And you might want to get on a list for workstudy because I'm sure that they are out of funds. If you are dependent and need more loans then you could have your parents apply for a parent plus loan and if they are approved the interest on that is 8.6% and if they are denied based on bad credit you qualify for the additional $2000 unsubsized loans. If you are thinking about becoming a teacher they also now have a teach grant that you might to ask about. If you are a science major they have a Smart grant that you would want to ask about. There is also a college affordability grant that you might want to ask about. The qualifications for these grants vary and might be interested in. |
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How does financial aid I turned in everything for
financial aid at the community
college I'm going to, but I am
now waiting to hear back. They
told me it would take 7-10
business days. But my question
is, what happens next and how
are the checks disbursed?
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Well they will process all of your paperwork (if your student information is online like most schools, just keep checking your financial aid status under your student login and make sure they aren't asking for more documentation. That will be the biggest hold-up). Financial aid is disbursed first to your student account. They will apply it to all your tuition, fees, bookstore charges (if your school does that), and any other fees that pop up (like parking permits and other random things). Once all of that is applied, if you have financial aid remaining on your balance (i.e. you got enough financial aid to help pay for your living expenses) your student account will reflect that. The dollar amount on your account will show a negative balance, meaning that is what they owe you after all your tuition and fees have been paid. Normally, schools wait until after the 100% refund deadline for classes...which is usually the second Friday of the term...until cutting checks, because it's just easier for them to keep track of everyone's charges that way. Once they process everyone's refund checks they will either mail them out or let you come and pick them up. Some schools also do direct deposit, but not all of them. You might want to check and see how your specific school sends out the refunds. Each school is different, so it's hard for me to tell you exactly how you will get your check since I don't know what school it is. Hope that helps! |
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How does financial aid work in If I apply for financial aid
at my community college and
recieve it, do i have to pay
it back? I've been told
different things.
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You do not have to pay back grants, that is free money. If you receive loans you will have to pay them back starting 6 months after you stop going to school. |
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How will getting married My fiance is in school and
gets financial aid. I make 55k
a year w/ 2 kids. Would she
continue to recieve financial
aid or would I be expected to
contribute to her education?
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First of all, marital status cannot be changed on a FAFSA once it is filed. So, if she is currently receiving aid under the 07-08 FAFSA and you get married now, it will not effect her current aid. The new FAFSA for the 08-09 school year becomes available January 1, 2008. The question on the FAFSA regarding marital status asks "as of today, what is your marital status?" So whether it will effect her aid for the 08-09 school year all depends on when you become married. For example, if you marry during the month of December 2007 and she files her FAFSA in January 2008, then she will have to mark "married" on her FAFSA and include both her and spouse's income. The household size would also include your 2 children and any other children or dependents living in the household for whom you and/or your wife are providing more than 50% financial support for. On the other hand, if she files her FAFSA on January 3, 2008 (for example) and you do not get married until Januar 4, 2008 or later, she would file "single" on her FAFSA and it would remain that way for the entire academic year because, as I stated, marital status cannot be updated once a FAFSA is filed and it is based on your marital status as of the date you file. So, with all of that said, if your concern is that you would rather your income stay off the FAFSA then simply get married after the date she files her renewal FAFSA. It is nearly impossible to say what amount of aid she might qualify for with your income considered and what the difference in aid might be (especially because you do not indicate what she is currently eligible for), but a household of 4 (I assume) with $55K is not TOO much income, but I doubt that she would qualify for the maximum amount of grant. There really is no way to estimate without just filing. |
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